Tag Archives: entrepreneurship
“Make something people want.’ That’s the fundamental problem. If you die, it’s probably because you didn’t make something people wanted.”
Paul Graham, Investor, Co-Founder of Y-Combinator
It might sound too obvious, but the reason we reiterate it is that today many products are built that don’t intend to solve any of the actual world problems. Product may have great features but those features not always address a problem. These products are most likely to fail the day when customers realize that they don’t add any particular value to their lives. Which is why building a Minimum Viable Product (“MVP”) is important. MVP is essentially a technique in which a new product or website is developed with sufficient features to satisfy early adopters.
When starting a business, there are many tasks to do, some being highly important and some being low. Here is a list of eight important things that you must do in order to lay a solid foundation for your startup to take its first step.
1. Define your vision and know your idea
It sounds very obvious, but several times, usually at initial stages, it happens that the company finds it hard to define their exact purpose. One founding member might define the purposes one and the other as something completely different.Having no definite purpose sends mixed signals to the investors and clients about the potential of your company. You need to have a single tone to your vision and have unity of ideas. Start with a 30-second pitch, to begin with, and then make sure everyone in the team speaks the same thing.
If you go through popular technology sites, all of them deal with web applications, upcoming mobiles, gadgets, google, startups, etc. For the time being keep all these aside and let’s talk about what matters: web hosting. Handful of reasons why web hosting is awesome and why you and everyone should care about it. There is a lot of buzz about the android, iTunes, Xbox, Google Maps. They are no doubt very good, but the one common thing behind them is data centers and best web hosting companies. Web servers are like the initiators, the creators where everything begins.